Understanding Delivery Terms in International Trade — Incoterms®

Understanding Delivery Terms in International Trade — Incoterms®

Incoterms® are essential delivery terms in international commerce that clarify the rights and obligations of buyers and sellers. Developed by the International Chamber of Commerce, they help businesses avoid misunderstandings during the delivery of goods. The current version, revised in 2019, includes 11 terms applicable to various modes of transport. Understanding these terms is crucial for ensuring the smooth operation of international trade.

07/21/2025 Logistics Encyclopedia
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Customs Tax Exemption Nature Codes and Import/export Goods Exemption Explained

Customs Tax Exemption Nature Codes and Import/export Goods Exemption Explained

The Customs Exemption Code System provides systematic support for the management of import and export goods and tax reductions. This article introduces the classification of customs exemptions, the coding structure, and the specific implementation scope and policy implications of various categories. The aim is to enhance transparency through classification, improve the efficiency and fairness of customs management, and thereby promote the healthy development of international trade.

11/30/-0001 Customs Knowledge
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Container Types and Parameters Explained

Container Types and Parameters Explained

This article provides a detailed overview of the parameters of different types of containers, including general cargo containers, open-top containers, hard-top containers, flat-rack containers, refrigerated containers, bulk containers, ventilated containers, and tank containers. Each type of container is clearly explained in terms of external and internal dimensions, volume, and weight capacity, helping to select the appropriate container to meet various cargo transportation needs.

07/18/2025 Logistics Encyclopedia
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Kamaz Boosts Local Axle Production for Vehicle Selfsufficiency

Kamaz Boosts Local Axle Production for Vehicle Selfsufficiency

Domestic production of Kamaz axle gears has commenced, with an annual output of 80,000 units, fulfilling half of the demand. This initiative aims to reduce reliance on imports and enhance the independent supply capability of core components for commercial vehicles. The localized production of these gears is a significant step towards strengthening the domestic automotive industry and ensuring a more stable supply chain for essential parts.

02/05/2026 Logistics Industry Insights
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Tiktoks GMV Max Boosts Ad Performance With Creative Strategies

Tiktoks GMV Max Boosts Ad Performance With Creative Strategies

In TikTok GMV Max advertising, Creative Acceleration speeds up the system's learning of creative conversion value. This helps with the cold start of new creatives and the discovery of high-potential creatives, ultimately improving ad performance. It allows for faster identification of winning creatives and efficient allocation of budget towards the most effective assets, leading to increased GMV and optimized return on ad spend.

01/27/2026 Logistics Industry Insights
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